and, the pentagon will be hit, too. they propose a mix of spending cuts and, yes, more taxes, through limiting deductions, for the wealthy. i sat down late friday with house democratic leader nancy pelosi and asked her about the fast-approaching deadline. congressman pelosi, welcome back to fox news sunday. >> welcome to the capitol. >> chris: the white house says, sequestration will have a severe effect on many americans. house republicans agree. but they say the answer is to find other spending cuts, not tax hikes. >> well, i think that the sequestration is a bad idea, all around. it is something that is out of the question. the fact is, we have had plenty of spending cuts, $1.6 trillion in the budget control act. what we need is growth, growth with jobs and if you have spending cuts, education of our children, other investments, where you are hindering growth, you are no going to reduce the deficit. so, what we do need is more revenue, and more cuts, but i would like to see that a big, balanced, bold proposal. and sh